Employers are offering creative perks to attract and retain today’s workers.
Plus all the HR resources you need to be more efficient and effective this fall!
SHRM Seminars will host HR education every month in San Francisco this fall! Select the program that meets both your scheduling and development needs.
September 27 - 28.
Workers at a Chicago window-making plant who were laid off in December 2008 with only three days’ notice and without the pay they say is owed them have captured national attention.
The 240 workers, who have staged a peaceful sit-in at the plant since Dec. 5 to protest the abrupt layoff and lack of severance and other benefits, have become a symbol of the troubled U.S. economy as news of layoffs around the country has become a daily litany.
Bank of America, the plant’s creditor, has pulled Republic Windows & Doors’ credit line because of the plant’s declining sales. However, it informed the plant in a Dec. 9 letter that it would “provide a limited amount of additional loans to Republic to help fund a comprehensive resolution” to the employees’ claims.
Those claims, one worker told National Public Radio, are for “extended health care, to get our payments and vacations, [and] severance pay. What we really want here is to save the jobs.”
Findings from an October 2008 survey that the Society for Human Resource Management released in December found that employers who laid off workers in the past 12 months provided a range of benefits.
Severance is the most commonly provided assistance—74 percent of 433 HR professionals said their employers provided this to employees in the last year—but a new global study of 28 countries from Right Management found that U.S. employees earn the least amount of severance pay worldwide, regardless of the level of employee or amount of tenure.
Other assistance employers provide to employees they lay off, SHRM found, included:
Kathy Gurchiek is associate editor for HR News. She can be reached at firstname.lastname@example.org
You have successfully saved this page as a bookmark.
Please confirm that you want to proceed with deleting bookmark.
You have successfully removed bookmark.
Please log in as a SHRM member before saving bookmarks.
Your session has expired. Please log in again before saving bookmarks.
Please purchase a SHRM membership before saving bookmarks.
An error has occurred
Recommended for you
Choose from dozens of free webcasts on the most timely HR topics.
SHRM’s HR Vendor Directory contains over 3,200 companies